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All Tags » federal reserve » bear stearns » regional banks (

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U.S. Regional Banks Favoured Less Action Prior to Bear Stearns Rescue

The Federal Reserve offered no explanation for the quarter-point cut in the discount rate on the day of the near-collapse of Bear Stearns in minutes of the March 16 meeting. The minutes, released Tuesday, said Fed regional banks unanimously approved a 25 basis point reduction in the discount rate on...

Posted to MND NewsWire by Glenn Setzer on Tue, Apr 15 2008
Filed under: Filed under: Federal Reserve, bear stearns, regional banks

Page 1 of 1 (1 items)

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Mortgage Rates:

30 Yr FRM 3.88%
|
15 Yr FRM 3.25%
|
Jumbo 30 Year Fixed 4.14%

MBS Prices:

30YR FNMA 4.5 106-16 (-0-04)
|
30YR FNMA 5.0 107-30 (-0-03)
|
30YR FNMA 5.5 108-29 (-0-01)

Recent Housing Data:

Mortgage Apps 9.28%
|
Refinance Index 11.18%
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Purchase Index 2.56%

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Browse Blog Posts by Tags

U.S. Regional Banks Favoured Less Action Prior to Bear Stearns Rescue

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